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North West Business 2019 edition

The 2019 edition of North West Business is the ninth issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province. North West Business includes news and analysis of the most important sectors, with a regional overview covering the strategic thinking behind plans to attract investment into the province. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity. Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

The 2019 edition of North West Business is the ninth issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide for the North West Province.
North West Business includes news and analysis of the most important sectors, with a regional overview covering the strategic thinking behind plans to attract investment into the province. Best known for its platinum mines, grain and livestock farming and tourism, the province is making a concerted effort to bolster its manufacturing capacity.
Updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

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SPECIAL FEATURE<br />

of previously excluded communities. This is already<br />

taking place to a small extent in that the province's<br />

first solar plant is partly owned by the community<br />

in which it operates. There is much more scope<br />

for this kind of partnership, but there is also scope<br />

for the development of a manufacturing sector to<br />

support the renewable energy sector. A start has<br />

been made to attract solar panel manufacturers to<br />

the Platinum Special Economic Zone in the Bojanala<br />

District Municipality.<br />

The province’s other manufacturing strategy –<br />

boosting agriprocessing – is in better shape now<br />

that the worst of a prolonged drought is over. The<br />

creation of district agri-parks is intended to boost<br />

primary production which in turn will increase the<br />

amount of raw material that can be processed.<br />

Companies making car seats within the province’s<br />

active automotive parts sector would be a ready<br />

market for treated hides from the huge provincial<br />

cattle herd.<br />

An amount of R110-million has been set aside<br />

for the establishment of a Special Economic Zone<br />

(SEZ) in the province. The project is intended to<br />

make investment more attractive by clustering<br />

infrastructure and related industries in one location.<br />

The SEZ planners hope to attract R4-billion in<br />

investment over a five-year timeframe.<br />

The City of Rustenburg has started a planning<br />

process which looks forward to a time when<br />

mining’s role in the economy will be reduced,<br />

and sectors such as health and education might<br />

become more important. Renewable energy is<br />

another area where some preliminary work has<br />

been done.<br />

The fact that Rustenburg’s plans also include<br />

the creation of a Mining Supply Park point to the<br />

fact that mining’s influence is likely to continue for<br />

many years to come. This is also true of some of the<br />

plans to diversify the province’s manufacturing base<br />

– they often rely on the base mineral that comes<br />

from mining anyway. Platinum prices may not be<br />

as strong as they were, but platinum group metals<br />

have enormous potential in the energy field, and<br />

<strong>North</strong> <strong>West</strong> researchers and businesses are working<br />

on possibilities to exploit this.<br />

Strategies<br />

The Provincial Government of the <strong>North</strong> <strong>West</strong> has<br />

two main economic strategies:<br />

• The development of Villages, Townships and<br />

Small Dorpies (VTSD)<br />

• A focus on three key sectors: agriculture, culture<br />

and tourism (ACT).<br />

Other areas of focus are: mineral beneficiation;<br />

renewable energy; retail and wholesale; ICT and<br />

the development of economic infrastructure.<br />

Tourism has been identified as an important<br />

driver of future growth and the investment by Sun<br />

International of more than R1-billion in the Sun City<br />

complex is helping to create momentum in a sector<br />

which has a proven track record of creating jobs.<br />

Two events took place in 2018 which placed<br />

<strong>North</strong> <strong>West</strong> tourism in the spotlight. The 2018<br />

National Tourism Careers Expo (NTCE) took place at<br />

Sun City and was attended by about 7 000 school<br />

pupils and university graduates from around the<br />

country. At a Tourism Imbizo in Potchefstroom, more<br />

than 1 000 young people were encouraged to study<br />

in that sector. Tourism has grown steadily in the<br />

<strong>North</strong> <strong>West</strong> and has been a reliable creator of jobs.<br />

The province's other great assets include Sun City,<br />

the Pilanesberg National Park, private game lodges<br />

and the Hartbeespoort Dam. Two UNESCO World<br />

Heritage Sites are located at the Vredefort Dome<br />

(where a meteorite hit the earth about two-million<br />

years ago) and Taung, where the discovery by an<br />

archaeologist of a skull in 1924 is regarded as one<br />

of the most significant of all time.<br />

Principal towns<br />

Mahikeng<br />

The capital city of the <strong>North</strong> <strong>West</strong> Province lies on<br />

the banks of the Molopo River. Situated in the northwest<br />

sector of the province near the Botswana<br />

border, the city has a strong services sector and a<br />

population of approximately 300 000.<br />

NORTH WEST BUSINESS <strong>2019</strong><br />

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